Having sick or dead team members and collecting rent from dead tenants creates scheduling issues and degree of complexity that I would love to avoid! 

From the research I've done the first 2 units should be able to collect at least $1500-$1650, the third floor can collect at least $1400-$1500, and the basement unit can get $1200-$1350.

What platform do you use to collect rent?

That beings said, *most* of the time sellers will just sign the extension addendum in good faith if a clear closing date is in sight as they are more likely to close sooner with you still than relisting it, hoping for a better offer after it publicly says the deal fell through, etc.

I don't know what the right split is, but the PM incurred costs in collecting and handling the money.

They formally requested an extension until 1/31/22 which I agreed with.

. - Rent Collection:  What is the best software for rent collections? 

Without getting into all the nitty gritty details, I’ve got a lot of data on my tracking spreadsheet that tells me I’m only really collecting about 55 percent of the cash flow I expected for the 4 underperforming units.

How do you guys collect rent? 

The generations that played videogames day and night are now grown ups, I see multimillionaires spending a lot of money on "Collectible Pokémon cards", and they are the same ones buying lands in the metaverse.